New Delhi: India is likely to make changes to its new electric vehicle (EV) policy to incentivise automakers that have already made investments in the country, people in the know told ET. This comes as US electric carmaker Tesla Inc is still to make any firm commitment on building a factory in India. The policy, … Read more
Rakesh Sharma, ED, Bajaj Auto, explains the logic behind launching a CNG motorcycle. He says the company expects this to be a pivotal point in the development of the two-wheeler industry in the country. And if we have to take the government at face value, which there is no reason to disbelieve, the CNG network … Read more
Good morning! It’s Tuesday, July 2, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla’s Cybertruck Has Finally Arrived 1st Gear: China’s BYD Is Coming For Tesla’s Ass Again Chinese vehicle maker … Read more
Globally, over 250,000 electric vehicles were sold each week in 2023. To put things in perspective, ten years ago in 2013, fewer electric vehicles were sold in a single year than in a single week in 2023. In 2023, EVs accounted for 18% of all passenger car sales worldwide, 26% of all bus sales, and … Read more
Photo: Volvo The auto industry has been slowly recovering ever since the pandemic hit, and these days, things are better than they have been in years. Inventory is up, and so are the incentives. You may still struggle to get a good deal on some of the most in-demand models, but overall, the seller’s market … Read more
Photo: Tesla Recently, it seems there’s been a lot of doom and gloom around EV sales. Despite ever-dropping prices the market just hasn’t grown the way automakers would like, leading many to shift their priorities to hybrids instead. New data, however, shows that the EV market as a whole isn’t actually suffering. All the problems … Read more
Tesla expects to increase the price of its Model 3 because of import duties to be levied by the E.U. on cars made in China, the carmaker said on its website on Thursday, without specifying the size of the price hike. The message, displayed on Tesla’s website for countries including Germany, France, Ireland, Belgium, and … Read more
Image: Toyota Enthusiasts have been hesitant to embrace EVs in the past, and who could blame them? You just can’t reproduce the thrill of a naturally aspirated engine or the whine of a turbocharged eager oxygen breather. It seem’s Toyota feels the same way. Jalopinions | The Best Type is Jaguar’s E-Type Speaking to Australia’s … Read more
From layoffs at Tesla, Rivian and others to big price cuts on the Ford F-150 Lightning and Mustang Mach-E, Hertz selling off its fleet of electric vehicles, Tesla’s deliveries being down and even Volkswagen delaying the ID7’s U.S. launch, it could be easy to get the impression that the EV industry is dying. As Bloomberg … Read more
Tesla founder Elon Musk told tech investors in Paris on Thursday he opposed U.S. tariffs on Chinese electric vehicles (EVs), an about-face from his January warning that trade barriers were needed or China would “demolish most other car companies in the world.” On Thursday, Musk said he did not favour measures that distorted the market. … Read more
